2818 Saratoga DrAustinTX78733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Austin at 2818 Saratoga Dr, Austin, TX, 78733 generates $4,140/mo in rent, after a $3,915/mo payment. Total monthly income is $4,140/mo. Return on cash invested sits at 13% in year one, and rental yield is 6.21% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 66.98% and total cumulative return in cash sums $176,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78733, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,269 (100%) |
| Owner Occupied HU | 2,721 (83.2%) |
| Renter Occupied HU | 426 (13.0%) |
| Vacant Housing Units | 122 ( 3.7%) |
| Median Home Value | $970,301 |
| Average Home Value | $1,143,350 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,330
Multi-Family
14
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices